In our third Money Talk-edition Ludwig Schuster was giving a lecture on credit as capitalism’s core feature. He mapped out in detailed how credit creation through banks counteracts our efforts for sustainable change.

In a capitalist economy, institutions known as banks create credit for what is expected to be profitable.
No monetary profit, no credit. No credit, no money.
Bank credit is the core driver that allows but also forces us to reproduce an economy of growth, day by day. All of us.
More than three decades after the rise of the environmental movement, it should be crystal clear: Sustainable change fails to materialise, because long term thinking and eco-social impact is not accounted in banks’ balance sheets. Bank credit is what forces us to behave profitable instead of sustainable.

If credit creation lies at the heart of the problem, could it be a key to its solution?

+ Imagine credit creation that puts people and the planet first.

+ Imagine a global good impact economy, nurtured by ‘impact credit’.